Customers Who Owned Nintendo's 8-Bit Video Game Console Were Unable

question 66

Multiple Choice

Customers who owned Nintendo's 8-bit video game console were unable to play the same games on the firm's new 16-bit Super Nintendo system. There was little incentive for existing Nintendo fans to stick with the firm. In this case, Nintendo's new offering suffered from a lack of:

• A) switching costs.
• B) backward compatibility.
• C) staying power.
• D) effective pricing.
• E) network effects.

---

Definitions:

Universally Desirable Attributes

Traits or qualities that are widely regarded as beneficial or favorable across diverse cultures and social contexts.

Outstanding Leadership

Exceptional ability to guide, motivate, and inspire a group of people towards achieving a common goal.

Implicit Leadership Theory

A theory suggesting that individuals have preconceived notions about what qualities and behaviors constitute effective leadership.

Cultural Differences

The variations in the norms, values, practices, and behaviors among people from different backgrounds or societies.